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Re: jtomm post# 20052

Monday, 04/18/2016 1:55:25 PM

Monday, April 18, 2016 1:55:25 PM

Post# of 114250
SCKT

My reasoning is this. The market will be very disappointed with the dropoff from q4 (eventhough it should be expected.) For example MPH.V (MCUJF had a great quarter and even good guindence, they have a great growth outlook in my opinion, but the stock has struggled since the report why, because they guided the next quarer somewhat down from the last. Now in reality the stock shouldn't of struggled, but it has. I believe the same will happen with SCKT if they come in at .06 and it fall back under $3, and I will have a good chance to buyback, if they earn .08-09 I think I will be able to buyback at the same price. I don't see it coming in much more then that. So I see a scenario where at best I get to buy the stock on weakness, and worst I get to buy it back at roughly the same price, or if the news is terrible (Which I do not expect) I don't buy it back at all and I saved myself a hit. The only way I feel I get burned is if they report .10+ EPS or more then I might miss out.

I also am a strong believer not to hold stocks that make multiple 52 week highs into earnings. It is was one of my rules of holding into earnings, so that was clearly another factor in the decision making. SCKT in my opinion has a bright future, and I wouldn't be surprised if I'm wrong, but this is the decision I make based on my rules of investing, plus the fact that I don't think the quarter will be anywhere near as good as q4 was in my opinion.

---All above is just my humble opinion.
And I could always be wrong.
And as always do your own DD.---
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